Indonesia
Danantara pushes SOE digital transformation to boost efficiency, competitiveness
Danantara Indonesia is accelerating digital transformation across Indonesia’s state-owned enterprises (SOEs) as part of efforts to improve efficiency, strengthen inter-company synergies and enhance national competitiveness amid rapid technological change.
Indonesia’s BNPL platform Kredivo acquires nearly full ownership of Vietnam’s Timo Digital Bank
Indonesia’s buy now pay later (BNPL) firm Kredivo has acquired nearly 100 percent of Timo Digital Bank, a Vietnamese digital banking platform developed in cooperation with Vietnamese major lender BVBank.
Indonesia, China Launch Cross-Border QR Payment Linkage
Under the guidance of Bank Indonesia and the People’s Bank of China, Indonesia and China have launched a cross-border QR payment linkage connecting Indonesia’s QRIS payment system with Chinese payment platforms through Alipay+ and UnionPay International.
Singapore’s Princeton Digital Group raises $856M for Indonesia data center
Princeton Digital Group said it has secured approximately $856 million in financing to support the development of its 120-MW JC3 data center campus in Indonesia
Indonesia’s entertainment facilitator TipTip achieves profitability, to expands into experience platform
TipTip, an Indonesia-based technology company operating in the entertainment and experiences sector, has reached company-wide EBITDA profitability in early 2026, marking a key milestone in its development toward a more sustainable and capital-efficient business model.
Indonesia investment startup Recompound introduces performance-based fee model for retail investors
Recompound, an Indonesia-based investment advisory startup, has introduced a performance-based fee model for retail investors, adopting a structure more commonly used in institutional investing.
PDG acquires 240 MW of powered land in Jakarta for data center expansion
Princeton Digital Group (PDG), Singapore-based data center operator, announced Thursday the acquisition of a new site in Greater Jakarta for its newest hyperscale data center campus, JC4.
Indonesia’s eFishery founder gets nine-year jail term in $300M case – report
An Indonesian court sentenced eFishery founder Gibran Huzaifah to nine years in prison on Wednesday, concluding a high-profile $300 million financial scandal that led to the collapse of one of Southeast Asia’s most celebrated startups.
Nokia, Blaize, Datacomm Diangraha team up to deliver hybrid AI inference across Southeast Asia
Blaize Holdings，a global artificial intelligence (AI) computing firm, has announced a three-way strategic collaboration with Nokia and PT Datacomm Diangraha to accelerate the deployment of hybrid AI inference infrastructure across Indonesia and the wider Asia-Pacific (APAC) region.
Bukalapak’s revenue surges 63 percent year on year in first quarter
Indonesia's all-commerce firm PT BUKALAPAK.COM Tbk (Bukalapak) has recorded revenue of IDR 2.37 trillion ($136.78 million) in the first quarter this year, representing an increase of approximately 63 percent compared to IDR 1.46 trillion in the same period last year.
